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    Breaking: Boeing Is Said Close To Issuing 737 Max Warning After Crash

    BREAKING: 189 people on downed Lion Air flight, ministry says

    Crashed Lion Air Jet Had Faulty Speed Readings on Last 4 Flights

    Police Officers From The K9 Unit During A Operation To Find Victims

    People Tiring of Demonstration, Except Protesters in Jakarta

    Limited underwater visibility hampers search for flight JT610

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Investing in Alphabet Stock (GOOGL)

Theresa Kennedy by Theresa Kennedy
January 12, 2021
in High-Yield
0

Alphabet Inc. was originally founded as a search engine company in 1998 under the title Google Inc. Since then, Google has grown to be the world’s most popular search engine, with an 87 % share of the global research industry. The company has diversified far beyond engines like google in the past two years. It reorganized in 2015 and created the holding company Alphabet Inc. The parent holds Google, the largest subsidiary of its, and a number of other businesses. Alphabet is listed on the Nasdaq exchange under the ticker symbols, GOOGL (Class A GOOG and) (Class C).

Alphabet earns revenue through the Google Search engine, YouTube, Google Play, Google Cloud, Chrome browser , and Android mobile operating system. Also, the company renders considerable investments in the Stadia cloud gaming system, Waymo self-driving automobiles, along with other technology initiatives.

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Alphabet competes with companies that offer online platforms for connecting people with information and application platforms, digital content, and relevant advertising, enterprise cloud services, and more. Major competitors include Amazon.com Inc. (AMZN), Microsoft Corp. (MSFT), Apple Inc. (AAPL), Facebook Inc. (FB), Alibaba Group Holdings Ltd. (BABA), and some.

Alphabet’s Latest Developments
On October twenty nine, 2020, Google parent Alphabet posted Q3 2020 EPS which beat analysts’ estimates by a wide margin. Both total revenue and cloud revenue also surpassed expectations. Net income, revenue, and also cloud revenue all rose compared to the year ago quarter driven by improved advertising spend. “Total revenues of $46.2 billion in the third quarter mirror broad based growth led by an increase in advertiser spend in Search and Youtube as well as continued strength in google Cloud and Play,” stated CFO Ruth Porat.
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